Short Interest in Altium Limited (OTCMKTS:ALMFF) Drops By 7.2%

Altium Limited (OTCMKTS:ALMFF) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 153,600 shares, a drop of 7.2% from the May 31st total of 165,600 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 512.0 days.

Altium Stock Performance

Shares of ALMFF stock opened at $45.00 on Thursday. The business has a fifty day moving average of $43.92 and a 200 day moving average of $39.25. Altium has a 1 year low of $23.96 and a 1 year high of $45.00.

Altium Company Profile

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through two segments: Design Software; and Cloud Platform. The company offers printed circuit board (PCB) design software products, including Altium Designer, Altium 365 viewer, CircuitStudio, and CircuitMaker.